TAMAN ERA SIMPANG RENGAM

TAMAN ERA SIMPANG RENGAM in Kluang, Johor recorded 3 subsale transactions in 2022, with a median price of RM 325K and a median price per square foot (PSF) of RM 194.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 270K to RM 448K, and a typical market range of RM 275K to RM 376K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 194, with most transactions between RM 179 and RM 209. The usual range is RM 179.00 to RM 209.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.